By Paying E-levy, You Support Small Businesses – GRA
The Ghana Revenue Authority (GRA) has urged all persons to pay the e-levy.
The GRA said Ghanaians will be supporting small business by paying levy.
“By paying E-Levy, you support small businesses. Your taxes work for you. Pay your taxes. Let’s build Ghana together,” the RA tweeted on Tuesday April 26.
“Who is responsible for charging the E-Levy? The entities responsible for charging the Levy are; i.Electronic Money Issuers (EMIs) such as MTN Momo, Vodafone Cash, AirtelTigo Money, Zeepay, GCB G-Money and Yup Ghana.
“v.Other Financial Institutions prescribed by Regulations. 5. When will the Levy be charged? The Levy will be charged whenever a person makes a transfer. The charging entity will add the Levy to the transfer amount and charge the person’s wallet or Bank account.
The Finance Minister Ken Ofori-Atta earlier revealed that the implementation of the e-levy would start in May this year.
“We had some meetings with Controller and Accountant Generals Department (CAGD) and the Ghana Revenue Authority (GRA) and they have said right at the beginning of May they should be able to put their system together,” he told TV3’s Roland Walker in Parliament after President Nana Addo Dankwa Akufo-Addo delivered the State of the Nation Address on Wednesday March 30.
The E-levy was passed by Parliament on Tuesday March 29 after the third reading in the House. The Minority staged a walkout during the second reading. They walked out after their leader Haruna Iddrisu said the NDC MPs remained united in opposing the policy.
On Tuesday April 19 the Minority in Parliament filed an application at the apex court to block the commencement of the e-levy deductions.
Hearing of the application will take place on May 4.